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Top life insurance companies CompanyBest forJ.D. Power Score in 2024 U.S. Individual Life Insurance Study Mass Mutual Whole life insurance 673/1,000 Mutual of Omaha Guaranteed issue life insurance 659/1,000 Pacific Life Universal life insurance 657/1,000 State Farm Term life insurance 699/1,0001 more row
The companys growth attracted the attention of Prudential plc, which acquired Jackson in 1986. In 1995, the company launched its first variable annuity and began selling guaranteed investment contracts and funding agreements through its Institutional Products Department.
its separately managed account business as new deposits have been discontinued effective July 31, 2015. Fixed index annuities, life insurance, and institutional products are not sold in New York. Jackson discontinued sales of life insurance in all other states in August 2012.
Jackson National Life is rated A (Excellent) by A.M. Best, A by Fitch Ratings, and A by SP Global, reflecting strong financial stability. These ratings indicate a high ability to meet policyholder obligations.
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Financial Ratings A.M. BestFitch Jackson National Life Insurance Company A A Jackson National Life Insurance Company of NY A A Brooke Life Insurance Company A n/a Jackson Financial Inc. Credit Ratings 4 more rows
Out of the 50 largest individual US life insurance companies ranked by total statutory assets, Jackson National Life Insurance Company ranks as the: 7th largest US life insurance company ranked by total statutory assets. 25th largest US life insurance company ranked by general account assets.

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